Incredible development opportunity within a short distance of 0.2 mile to Alberta Park and to vibrant Alberta Arts District with current zoning of CM2 . Please note that property behind this lot is also listed by another firm for sale in case of interest for a larger development project. One of the only remaining lots available in the area with fantastic walk & bike score with rating of 4 in Portland Opportunity Mapping. The Commercial/Mixed Use 2 (CM2) zone allows a wide range and mix of commercial and residential uses, as well as employment uses that have limited off-site impacts. Buildings in this zone will generally be up to four stories tall and development is intended to be pedestrian-oriented, provide a strong relationship between buildings and sidewalks, and complement the scale of surrounding residentially zoned areas. With only blocks from the heart of Alberta with cafes, shops & restaurants this vacant lot is awaiting for your project to make an ideal blend of modern living and urban convenience.